Taiwan’s cabinet recently revealed a budget of NT$410 billion aimed at addressing the impact of US tariffs. President Lai Ching-te’s goal is to shield exporters from a potential 32 percent tariff by the US. The budget is designed to bolster various industries, enhance employment opportunities, and improve public welfare. Additionally, resources will be allocated to reinforce coastal patrols and defense mechanisms. This budget builds upon a previous assistance package and is part of Taiwan’s strategic response to economic challenges. Notably, Taiwan Semiconductor Manufacturing Co. (TSMC) has announced plans for a significant $100 billion investment in the US. This move underscores Taiwan’s commitment to navigating global trade tensions and fostering economic growth.